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Sep 6
AMD and ATI Merger Has Passed Antitrust Laws


Looks like the merger of AMD and ATI will be going through at last. The proposed merger had to satisfy certain U.S., Canadian andamd-o9.jpg German antitrust laws conditions and now it has received the green light.

According to TMCnet :

The proposed acquisition was announced on July 24, 2006 and remains subject to the approval of ATI shareholders, court approval of the plan of arrangement, and certain other regulatory approvals, including approval by the Minister of Industry under the Investment Canada Act and prior clearance under competition laws in Taiwan, as well as other customary closing conditions. The transaction is expected to be completed during ATI's first quarter of fiscal 2007, which ends November 30, 2006.


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